Southeast Asia
OCBC unveils next-generation programme for wealthy customers
An estimated $2.5t in intergenerational wealth will be passed to the next gen by 2030.
OCBC unveils next-generation programme for wealthy customers
An estimated $2.5t in intergenerational wealth will be passed to the next gen by 2030.
SEA fintechs clinch $851m of funding in H1
Digital lender ANEXT Bank was one of two major funding rounds during the period.
UOB poised to benefit from growth of SEA's mass affluent segment
UOB has woven partnerships with privilege banking to appeal to the segment.
APAC Islamic banks continue upward trajectory with lift from new players
The launch of new Islamic players will improve access to financial services, says S&P.
Why BNPL is booming in Southeast Asia
BNPL providers in the region now focus on strategic partnerships, business model innovation, and ecosystem development.
BNPL provider Atome Financial doubles operating income in 2023
It’s BNPL services are now profitable, the company said in a press release.
Funding to SEA fintechs drop 44% in Q1 but early-stage fintechs fly high
Funding to crypto firms more than tripled compared to Q4 2023.
SIA taps Mastercard for Southeast Asia loyalty card programs
The co-branded credit and debit card programs offer new ways to earn KrisFlyer miles.
Malaysia, Cambodia float plans to link domestic payment systems
They are also aiming to eventually enable cross-border QR payments between the two countries.
Funding winter settles upon ASEAN fintechs, but rebound in sight
In the meantime, fintechs can take advantage of the lower valuations and acquire other firms.
UOB, CCPIT forge partnership to boost SEA trade
Both parties aim to strengthen supply chains, drive innovation, and promote sustainable development.
Mastercard hires marketing veteran as VP and head of marketing and comms for SEA
Dheeraj Raina had worked for several advertising and media firms.
SEA fintech investments drop 65% to $2b in 2023
Singapore made up over half of the investments, with its fintechs clinching $1.1b in total.
Cross-border payments, embedded finance to be boosted in 2024: analyst
Embedded financial services will become increasingly popular during the year.
Partnerships, carbon action, talent acquisition key for SEA banks’ in 2024: analyst
Developing new workforce capability is now a necessity given macro factors.
BEA rebrands, upgrades digital services and bank branches
The bank has introduced artificial intelligence and fintech solutions to digitalise and automate operations.
Laos, Vietnam ink MOU for cross-border QR code payment linkage
The MOU will facilitate the use of local currencies in retail payments in the two countries.
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1. OCBC taps Citi alt chief executive to lead Hong Kong consumer and wealth businesses 2. DBS, UnionPay launch multi-currency debit card 3. Southeast Asia’s digital banks – the road from good to great 4. Maybank rolls out green financial advisory service to SEA SMEs 5. Morgan Stanley opens Southeast Asia headquarters in SingaporeResource Center
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